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Tether Surpasses 350 Million Users, Reinforcing its Dominance in the Stablecoin Market

by Terry Kunle October 8, 2024

Tether, the leading stablecoin issuer, has announced a significant milestone, reaching over 350 million users worldwide. This surge in adoption comes just ten years after the launch of the USDT stablecoin in 2014. Tether's user base has experienced a remarkable 24% growth…

Coins Industry

$7.8 Billion was lost in Crypto ponzi and pyramid schemes In 2022

by Crypto Oracle July 15, 2023

In a report published on June 28 by TRM Labs, a prominent blockchain intelligence firm, an astonishing $7.8 billion was paid out to cryptocurrency pyramid and Ponzi schemes worldwide in 2022. The report also suggests that an additional $1.5 billion worth of…

Coins

The Rise of Stablecoins: Stable Value in a Volatile Crypto Market

by Crypto Oracle June 24, 2023

The world of cryptocurrencies is known for its inherent volatility, with prices often experiencing significant fluctuations. While this volatility can present opportunities for high returns, it also poses challenges for those seeking stability in their digital investments. Stablecoins, a unique category of…